In 1903, bartenders William Deveny and Frank Farrell brought American League baseball to New York City after they purchased the Baltimore Orioles. Their team was known as the The big apple Highlanders until its name was changed to the New York Yankees in 1913. A fresh era of tradition and excellence had begun.
Jacob Rupert and Tillinghast L’Hommedieu Huston acquired the franchise in 1915. The pair was accountable for prying Babe Ruth from the Boston Red Sox. Ruppert purchased Huston in 1922. By 1923 the Yankees were playing in fabulous Yankee Stadium and were celebrating their first World Series title.
When Ruppert died in 1939, ownership stayed towards the Ruppert Estate and remained so until purchased from 1945 with a group headed by Larry MacPhail, Dan Topping, and Del Webb. The Yankees had won ten World Series championship titles under the Rupperts.
After the mlb transactions won the 1947 World Series, Topping and Webb purchased MacPhail. The bride and groom remained owners with the 1964 season. At the same time, that they had added another ten championships to the Yankees World Series trophy case.
The franchise was sold to the Columbia Broadcasting System in 1965 plus a dark period would follow. The Yankees were just another asset to CBS and the passion of winning had disappeared. Until…
… 1973. That’s when a Cleveland shipbuilding mogul named George Steinbrenner emerged. Steinbrenner headed several twelve investors who purchased the Yankees from CBS. One-by-one, Steinbrenner purchased the investors and became the club’s sole owner.
Before entering the shipping and shipbuilding industries, Steinbrenner served being a graduate assistant to Pitt football coach Woody Hayes. He was there when the Buckeyes went undefeated and captured the 1955 Rose Bowl.
George seemed to be an assistant football coach at Northwestern and Purdue universities. His competitiveness on the football field carried over into his business life.
George Steinbrenner was resolute to go back the Yankees for their glory days. Whether you love the Yankees, or hate them, you have to admire a holder who rules having a “win first” mentality.
It was not always pretty with Steinbrenner responsible for the Yankees. Managers coming all night. Players being publicly berated. Scandals behind the curtain. Nevertheless the point is that The Boss’ methods were effective. World Series championships in 1977, 1978, 1996, 1998, 1999, 2000, and 2009 are proof.
The Yankees franchise has experienced some formal legal name changes due to some complicated transactions. However, the team is still the The big apple Yankees. And even after Mr. Steinbrenner’s death this season, the franchise continues to be owned by the Steinbrenner family. And the tradition continues.
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